Life Cycle Investment Partners Ltd Acquires Shares of 278,082 Intuit Inc. $INTU

Life Cycle Investment Partners Ltd acquired a new stake in shares of Intuit Inc. (NASDAQ:INTU) in the 4th quarter, Holdings Channel.com reports. The fund acquired 278,082 shares of the software maker’s stock, valued at approximately $184,207,000. Intuit makes up 1.3% of Life Cycle Investment Partners Ltd’s investment portfolio, making the stock its 21st largest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. St. Louis Trust Co lifted its position in Intuit by 239.5% during the fourth quarter. St. Louis Trust Co now owns 2,173 shares of the software maker’s stock valued at $1,439,000 after buying an additional 1,533 shares during the period. Guinness Asset Management LTD lifted its position in Intuit by 11.9% during the fourth quarter. Guinness Asset Management LTD now owns 74,169 shares of the software maker’s stock valued at $50,001,000 after buying an additional 7,885 shares during the period. Associated Banc Corp lifted its position in Intuit by 15.3% during the fourth quarter. Associated Banc Corp now owns 414 shares of the software maker’s stock valued at $274,000 after buying an additional 55 shares during the period. Americana Partners LLC lifted its position in Intuit by 1.5% during the fourth quarter. Americana Partners LLC now owns 11,381 shares of the software maker’s stock valued at $7,539,000 after buying an additional 171 shares during the period. Finally, Legato Capital Management LLC purchased a new position in Intuit during the fourth quarter valued at $1,465,000. Hedge funds and other institutional investors own 83.66% of the company’s stock.

Insiders Place Their Bets

In other Intuit news, Director Richard L. Dalzell sold 333 shares of the business’s stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $440.40, for a total value of $146,653.20. Following the completion of the transaction, the director owned 13,253 shares of the company’s stock, valued at approximately $5,836,621.20. The trade was a 2.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 2.49% of the company’s stock.

More Intuit News

Here are the key news stories impacting Intuit this week:

• Positive Sentiment: Intuit reported fiscal Q3 results that beat estimates on both revenue and earnings, raised full-year guidance, and highlighted strength in TurboTax, Credit Karma, QuickBooks Online, and other growth engines. Intuit’s Q3 Earnings Beat on Consumer Growth & Higher Guidance
• Positive Sentiment: Several analysts still maintained bullish ratings even after lowering price targets, suggesting Street sentiment remains constructive on Intuit’s long-term growth profile. TD Cowen Adjusts Price Target on Intuit
• Positive Sentiment: Coverage also pointed to improving customer spending and “flywheel” benefits from broader adoption across Intuit’s product suite, which supports the AI and platform expansion narrative. Intuit customers spending more as it improves experiences across brands

Intuit Price Performance

INTU opened at $319.94 on Friday. Intuit Inc. has a 1 year low of $302.36 and a 1 year high of $813.70. The stock has a 50-day moving average price of $403.55 and a 200-day moving average price of $510.51. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.45 and a quick ratio of 1.32. The firm has a market cap of $87.52 billion, a PE ratio of 19.38, a P/E/G ratio of 1.29 and a beta of 1.04.

Intuit (NASDAQ:INTU) last issued its earnings results on Wednesday, May 20th. The software maker reported $12.80 earnings per share for the quarter, topping analysts’ consensus estimates of $12.57 by $0.23. Intuit had a return on equity of 25.18% and a net margin of 21.91%.The business had revenue of $8.56 billion during the quarter, compared to analyst estimates of $8.54 billion. During the same quarter in the previous year, the firm earned $11.65 EPS. Intuit’s revenue was up 10.4% on a year-over-year basis. Intuit has set its Q4 2026 guidance at 3.560-3.620 EPS and its FY 2026 guidance at 23.800-23.850 EPS. Sell-side analysts predict that Intuit Inc. will post 17.49 earnings per share for the current fiscal year.

Intuit Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 17th. Shareholders of record on Thursday, July 9th will be given a $1.20 dividend. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $4.80 dividend on an annualized basis and a yield of 1.5%. Intuit’s payout ratio is 29.07%.

Analyst Upgrades and Downgrades

INTU has been the subject of several recent analyst reports. Erste Group Bank raised Intuit to a “hold” rating in a research report on Monday, April 27th. Truist Financial lowered their price target on Intuit from $500.00 to $410.00 and set a “buy” rating for the company in a research report on Thursday. Scotiabank set a $575.00 price target on Intuit in a research report on Friday, March 6th. Weiss Ratings lowered Intuit from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft lowered their price target on Intuit from $600.00 to $530.00 and set a “buy” rating for the company in a research report on Thursday. Twenty-four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $546.29.

About Intuit

Intuit Inc (NASDAQ: INTU) is a financial software company headquartered in Mountain View, California, that develops and sells cloud-based financial management and compliance products for individuals, small businesses, self-employed workers and accounting professionals. Founded in 1983 by Scott Cook and Tom Proulx, the company has grown from desktop tax and accounting software into a diversified provider of online financial tools. As of my latest update, Sasan Goodarzi serves as Chief Executive Officer.

Intuit’s product portfolio includes QuickBooks, its flagship accounting and business-management platform that offers bookkeeping, payroll, payments and invoicing capabilities; TurboTax, a tax-preparation and filing service aimed at individual taxpayers; and Mint, a consumer personal-finance and budgeting app.